Wealthedge Investment Advisors LLC Makes New Investment in Elevance Health, Inc. $ELV

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Wealthedge Investment Advisors LLC recently initiated a new position in Elevance Health, Inc. (NYSE:ELV) during Q3, purchasing 8,439 shares valued at approximately $2.73 million, contributing to a total institutional ownership of 89.24%. Analysts generally maintain a “Moderate Buy” consensus with an average price target of $390.55. Elevance Health has recently exceeded EPS expectations, increased its quarterly dividend, and trades with a market capitalization of roughly $70.8 billion.

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